COPX vs VAW: Holdings Overlap
COPXGlobal X Copper Miners ETF
Global X · 39 holdings · $7.8B · as of 2026-04-30
VAWVanguard Materials Index Fund
Vanguard · 110 holdings · $3.0B · as of 2026-05-31
Holdings snapshots are 31 days apart (COPX: 2026-04-30, VAW: 2026-05-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are COPX and VAW?
Global X Copper Miners ETF (COPX, by Global X) holds 39 positions; Vanguard Materials Index Fund (VAW, by Vanguard) holds 110. They have 2 holdings in common, and by portfolio weight the two funds are 5.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 5.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 2COPX holds 39 · VAW holds 110
- Weight in Shared Holdings
- COPX 6%·VAW 6%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in COPX
37 of 39 positions (94.0% of the fund) are not held by VAW. Showing the top 30 by weight.
Sector Breakdown
| Sector | COPX | VAW |
|---|---|---|
| Materials | 77.9% | 99.5% |
| Energy | 0.0% | 0.3% |
| Other Sectors | 0.0% | 0.0% |
| Unclassified | 21.9% | 0.0% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (22% of COPX, 0% of VAW).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| COPX | +18.0% | +23.0% | +100.2% | +32.7% | +21.6% | +20.3% | 2.19% |
| VAW | +3.2% | +14.7% | +20.8% | +10.3% | +7.0% | +10.1% | 1.34% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in COPX vs VAW →
Shared Holdings(2)
Frequently Asked Questions
How much do COPX and VAW overlap?
COPX and VAW overlap by 5.1% of portfolio weight. They share 2 holdings (COPX holds 39 positions and VAW holds 110), based on each fund's latest SEC-reported holdings.
Is it redundant to own both COPX and VAW?
The two portfolios are 5.1% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of COPX and VAW?
The largest positions held by both funds are FCX and IE. Together the top 2 shared positions account for 100% of the total overlap.
What does COPX own that VAW doesn't?
37 positions (94.0% of COPX) are unique to COPX, led by LUN, GLENPEN and 5713. In the other direction, 108 positions (93.7% of VAW) are unique to VAW.